Quote Originally Posted by Velox View Post
Competition keeps prices down :P
That's fundamental economics. If I want to undercut everyone else to guarantee a sale, I usually do. As to how far I go with it depends how fast I want to be rid of that item.
... no. That's not "fundamental economics". Fundamental economics is keeping the price a) as high as customers are reasonably willing to pay, b) high enough to turn a profit, and c) slightly lower than your competitors, unless you're at the edge of point b, in which case you price match and hope for the best. Fundamental economics is NOT doing fire sales 50% lower than the going price because you're an impatient twit, particularly when the market for whatever you're selling is both active and willing to pay substantially more.